Legal Question in Real Estate Law in Missouri

can a co signor on a car loan report the car stolen if the signor runs away with the car? The signor is 18 and on the title

I am 18 and defaulted on my payment 1 month. My dad co signed on the car for me and so the default affected his credit as well as mine. I am caught up on my payments now and this is the first and only time i have/will default. I am very good about making my payments on time, but because of this incident my dad has removed items out of my engine in order for the car to not start. I'm getting the car fixed and then taking it and continuing to make the payments. Is my dad able to report the car stolen? Does he have the right to sell the car without my consent?


Asked on 4/13/12, 8:22 am

1 Answer from Attorneys
Anthony Smith LawSmith

If you are both on the title, thenit will take both your signatures to sell it. If the title is just in your name, it cannot be sold by your father alone. In either scenarios, there is thelien of thele der to consider. As for the parts missing. You may be able to sue your fatherin small claims court for the cost of the items youhave to replace. But, you should not do that without considering the faqmilial consequemces. You may take the car without your father's permission.

Good luck

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Answered on 4/13/12, 9:11 am


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